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TPG Telecom has launched its first plans on the national broadband network in a move that could shake up the fledgling market.

The national broadband network is currently dominated by iiNet and Telstra, which have used significant marketing spends to gain market share.

But TPG, which is one of the biggest players in the broadband space, has remained out of the race until now. While it has previously proposed NBN plans, they have not actually been available to customers.

TPG consumer general manager Craig Levy told analysts the new plans would be released within two weeks and would help reverse the trend in ‘off-net’ customers leaving the company. Off-net refers to users who get services from equipment that is not owned by TPG, such as the NBN.

The NBN is a wholesale service that currently provides all fixed-line customers with fibre services that are identical in quality regardless of the retailer.

According to NBN Co, 160,529 premises are using the network as of March 16 with 105,569 of these using fixed-line services.

According to a TPG shareholder presentation posted on the Australian Securities Exchange, the company will offer a basic NBN package with unlimited downloads at 12 megabits per second with a phone line for $59.99 per month.

In contrast, a similar plan at iiNet would cost customers over $79.99 per month.

TPG will also sell an unlimited download plan at the highest consumer speed level of 100 megabits per second from $89.99 per month with a minimum first month’s charge of $219.94.

It said the company was now in construction mode in Pyrmont and Sydney’s central business district in NSW, Southbank and Melbourne’s CBD in Victoria and Fortitude Valley as well as Brisbane’s CBD in Queensland with live trial customers signed up.